Job Information
BlackRock EMEA Advisory Institutional (Clients & Client Solutions) in Edinburgh, United Kingdom
About this role
An exciting opportunity has arisen for a Vice-President to join our Institutional Clients & Client Solutions team within the Compliance Line of Business team. This position will complement an existing team of expert compliance professionals based in London and Dublin and will support the Head of the team.
The team is responsible for the oversight of the regulatory risks, and activities associated with the marketing/distribution and delivery in EMEA of institutional, wealth and Outsource Chief Investment Officer (‘OCIO’) client solutions (products and services) an important area of growth for BlackRock, and partnerships,
In this role, you will interact with a broad range of stakeholders across the firm and will work very closely with our institutional and wealth client businesses and the Multi-Asset Strategies & Solutions (‘MASS’), the investment group at the heart of BlackRock's portfolio construction and asset allocation ecosystem. MASS brings together BlackRock's research, investment experience and technology to meet clients' needs for whole portfolio multi-asset approaches.
You will also provide compliance support and oversight for our Financial Markets Advisory (‘FMA’) business, which provides a range of advisory services by leveraging the firm’s capital markets, data and risk analytics, technology, and financial modeling capabilities, and the BlackRock Solutions (‘BRS’) business (including Aladdin and eFront).
Our ideal candidate will have at least 7 years of relevant experience working within a control function, ideally compliance or legal, in the asset management industry. The candidate will have gained a sound knowledge of UCITS rules, MiFID requirements, FCA rules, conduct of business requirements and requirements around the distribution of services in EMEA as well as providing timely and value-added regulatory advice to business stakeholders. Any experience on operational resilience and corporate finance related compliance matters would be a plus.
A demonstrably successful record in collaborating with business stakeholders, legal and other compliance functions would be a distinct advantage. The successful candidate will exhibit strong partnership, technical regulatory and relationship management skills. The strength of character to offer healthy challenge will be essential, as will be the ability to engage successfully with stakeholders at all levels of the business.
A highly motivated self-starter, the successful candidate will demonstrate sound judgment, excellent technical and regulatory knowledge, a strong team ethic, combined with high energy, enthusiasm, intellectual curiosity, resilience, tenacity, diplomacy, and relationship management skills.
Key Responsibilities:
Making a strong contribution to the Compliance Team’s provision of qualitative compliance advice, advisory support, and oversight.
Oversight of the regulatory risks, and activities associated with the marketing/distribution and delivery in EMEA of institutional, wealth and OCIO client solutions (products and services).
Further cementing the relationship between the Compliance Team and business stakeholders (e.g., MASS Investment and Business Management Teams, institutional and wealth client channels, FMA, BRS Sales & Distribution channels, Legal, Client Contracting, Tech & Ops, etc.) and promote a first-class compliance culture.
Participating in client due diligence visits, prospective client sales meetings and direct conversations with clients where required.
Support the launch of new products and solutions for clients e.g. regulatory advice to the business on UCITS/AIFMD, pre- and post-trade monitoring, distribution matters, ESG matters, etc.
Advising on, interpreting regulations, and advising on the application of BlackRock’s compliance policies in relation to existing and new business initiatives, issue identification and management and breach resolution.
Leading Compliance participation in Compliance or business-driven projects, including regulatory developments and strategic initiatives, by providing expert and timely value-added advice.
Contributing to the creation of management reporting and communication on Compliance matters to senior management, corporate and/or fund boards and BlackRock business stakeholders.
Providing advice on the anticipation, impact assessment and response to regulatory developments.
Designing and delivering effective regulatory training initiatives to the business.
As a senior member of the team, developing less experienced members of the team and supporting colleagues with knowledge sharing and cross-training.
Knowledge / Experience:
Strong communication skills with an ability to articulate complex regulatory matters and well-developed relationship management skills
Technical ability and mindset to challenge the status-quo and deliver a solutions-driven approach and the judgment to use this in appropriate circumstances.
Consistent ability to demonstrate high standards of professional accuracy and excellent attention to detail.
Demonstrable ability to influence a highly performing internal client base by delivering timely, credible, accurate and value-added advice.
Highly effective written and verbal communications skills.
Excellent organizational skills with ability to prioritize workloads progress multiple tasks and adhere to deadlines.
Ability to collaborate effectively both within the team and across functions and to work autonomously with minimal supervision.
Relevant experience within a control function, ideally within the asset management industry and within Compliance or Legal.
At least 7 years of relevant experience working within a control function, ideally within Compliance or Legal, in the asset management industry.
Working knowledge of UCITS, AIFMD, MiFID requirements (including investment advice, product governance, costs & charges, client categorization, suitability, and research), conduct of business requirements and regulatory requirements in relation to the distribution of services in EMEA.
Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.
Our hybrid work model
BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
About BlackRock
At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children’s educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.
This mission would not be possible without our smartest investment – the one we make in our employees. It’s why we’re dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
For additional information on BlackRock, please visit @blackrock (http://careers.blackrock.com/) | Twitter: @blackrock (https://twitter.com/blackrock) | LinkedIn: www.linkedin.com/company/blackrock
BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.